DOWN PAYMENT ASSISTANCE THROUGH SHARED APPRECIATION

Bridge the Affordability Gap for Homeownership in Your Community

Homium now enables donors and mission-driven institutions to create impactful down payment programs through sustainable community homeownership trusts, building generational wealth for historically disadvantaged groups, low-income households, and first-time buyers.

SPONSOR A PROGRAM
Financially empowers historically disadvantaged home buyers and directly contributes to intergenerational wealth creation.
An equitable homeownership financing solution with no added debt burden.
Donations, Grants, and other impact investments generate compounding, measurable impact in the communities that need it most.

Homium makes it easy for sponsors to leverage grants and purpose-driven capital to make shared appreciation loans as down-payment assistance for first-time homebuyers.

Most current down payment assistance grants are too small to address the problem, and existing alternative financing solutions are too expensive for homebuyers. A program that sponsors shared appreciation loans from Homium can solve the problem.

Our shared appreciation loans provide an equitable financing solution since there is no interest or monthly payments. By offering down payment assistance, your program enables more families to become homeowners at a much lower monthly cost, and without extractive or complicated agreements.

How Homium Works As Down Payment Assistance

Qualifying homeowners receive a second mortgage loan with no interest and no monthly payments to supplement their down payment. Years later, when they sell their home or refinance, they repay an amount based on the appreciation of the home.

01

A homeowner applies for your program through a sponsoring community organization or participating lender.

02

Homeowners can qualify based on the guidelines set by the sponsor, such as place-based and income requirements, targeting specific impact goals.

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03

Homium works with the primary mortgage lender to fund a portion of the homes value, usually between 10% - 35% with a second position loan.

04

The share of home equity the homeowner shares with the community trust is equal to the percent loaned at purchase, in this case 25%. This never increases.

05

Homium services the loans on behalf of the community trust at a very low cost, and supports on going program services for homeowners through the life of their loans.

06

Repaid loan proceeds flow back into the trust and out to new loans or can be redeemed by sponsors. Homium also enables programs to manage loan forgiveness at their discretion.

Homium makes homes accessible for first time homebuyers and supports a new model for how homes are financed.

Community Homeownership Trusts

Each sponsor forms a Community Homeownership Trust  to enable greater ownership of housing among a community, grow household wealth and financial resilience, and reverse inequities in lending markets which prevent homeownership.

Each trust will collect gifts, grants, and program-related investment  from sponsors and invest them into pooled shared appreciation loans tied to a program designed for that community.

The trust captures a share of the growth in value of each loan, sustaining the program so that more homeowners can benefit in the future. 

Homium provides financial resources and technology needed to service a homeownership trust of this kind.

01

Sponsors commit funds to a non-profit entity, which purchases Homium tokens tied to a pool of loans originated from a custom homeownership program ​

02

Homium is the lender of record and securitizes the note into a low-cost indexed fund, which can be pooled with similar programs or stand alone as an independent investment

03

The fund receives real-time access to the health and impact of the portfolio and can seamlessly deploy and recycle program funds to sustain a permanent community homeownership endowment

Applications:

Communities:
  • Residents of a city/state with income < 80% AMI
  • Members of historically disadvantaged classes
  • First generation home buyers
  • Employees of a public institution
  • Veterans and servicemembers
Programs:
  • First-time home buyer assistance
  • Low income home buyer assistance
  • Community solar projects
  • New affordable housing units / ADUs
  • Tenant/Owner conversion

Servicing a Homeownership Trust

  • Homium provides financial resources and technology needed to service a homeownership trust of this kind
  • Sponsors commit funds to a non-profit entity, which purchases Homium tokens tied to a pool of loans originated from a custom homeownership program ​
  • Homium is the lender of record and securitizes the note into a low-cost indexed fund, which can be pooled with similar programs or stand alone as an independent investment
  • The fund receives real-time access to the health and impact of the portfolio and can seamlessly deploy and redeploy program funds to sustain a permanent community homeownership endowment
Applications

Communities

Applications

Programs

A Turn-Key Solution for Community Wealth Creation

Homium simplifies the process of deploying homeownership programs. By becoming a silent equity partner through shared appreciation loans, your organization can leverage purpose-driven capital to bridge the affordability gap for first-time buyers.

TECHNOLOGY PLATFORM

Homium has a one-of-a-kind, best-in-class lending and securitization platform for pooled shared appreciation loans, which have their best use case in enabling non-profit funds supporting homeownership and home equity financing.

LENDING & SERVICING

Homium is a specialized shared appreciation lender integrated with Guild Mortgage, ready to offer this product through high volume loan channels, fully capable of administering or plugging into down payment assistance programs.

ASSET MANAGEMENT

Homium has a low cost, high integrity securitization platform specifically designed to service, price, and manage shared appreciation loans for revolving capital. We can offer the absolute lowest cost for sustaining shared appreciation loan programs.

World Class Partners

Are you ready to solve home affordability forever?